Business News

[18-07-2016] The Ministry of Industry and Trade (MoIT) has proposed the development of large textile and garment industrial zones (IZs) to attract investment in dyeing, and fabric and yarn production. The 500ha to 1,000ha zones would attract local and foreign investment for high-end products.

[13-07-2016] Spurred by numerous complaints of underdeveloped infrastructure, logistics service shortcomings and fierce competition made by foreign joint venture ports in the Cai Mep-Thi Vai port complex in the southern province of Ba Ria-Vung Tau, the Ministry of Transport is now moving forward measures to increase its operational efficiency.

[13-07-2016] CBRE is organizing a seminar for Vietnam market update, legal and tax this Saturday, 16th July 2016. The seminar is in purpose of providing an update and market overview of Vietnam to the attendees, and is free of charge.

[12-07-2016] Though the foreign direct investment flow into real estate sector accounts for only 5.3 per cent of the total in the first half of the year, experts see the flow is at a more feasible stage. In the first half of this year, 25 new projects were licensed  in Vietnam’s real estate sector with total investment capital up to more than $600 million.

[11-07-2016] Hong Kong’s Matrix Holding Limited has proposed to develop a horse racing complex, the move came immediately after the decree on betting services for specific sport games was submitted to the government in June.

[10-07-2016] Many foreigners and Viet Kieu (overseas Vietnamese) are buying apartments in Viet Nam, especially in HCM City, according to market analysts. Over 10,000 apartments were sold in the second quarter of this year,  many to foreigners who are permitted to buy up to 30 per cent of the units in a project.

[07-07-2016] VBF Human Resources Sub Group is planning to conduct a dialogue with the Ministry of Labour, Invalids, & Social Affairs (“MOLISA”) on tentatively 24th August 2016. In preparation for the dialogue, we would like to call for your comments on pending and newly arisen labor issues.

[06-07-2016] Germany's latest textile and apparel technologies were introduced to local enterprises in Ha Noi on July 5. The event was held by the Vietnam Textile and Apparel Association (Vinatas) in collaboration with the Textile Machinery Association under the Germany Engineering Federation (VDMA).